Cafe Coffee Day IPO estimated to fetch Rs 1500 cr

Amalgamated Coffee Bean Trading Company, the owner of India's largest coffee retail chain Cafe Coffee Day (CCD), is seeking to raise Rs 1,200-1,500 crore by selling 20-25 per cent stake in the chain through a public offer that values the 18-year old company at about a billion dollars, two people with direct knowledge of the matter said.